A once in a lifetime opportunity to secure versatile acreage in tightly held Rosewhite valley 131 Ha (323 acres in two titles) of undulating to rising country, some 20 km east of Myrtleford. It commands superb views of Mt Buffalo. An excellent water supply is a key selling feature of the property with 16 meg. water entitlement to Happy Valley Creek and a 10 meg. capacity spring fed lake which is an impressive environmental asset and haven for native fish and birds. The imposing rock outcrops known as The Pinnacles tower in the backdrop, and the property adjoins crown reserve to the rear with access via Byers Lane to Mudgegonga. Approx. 250 acres has been cleared with a sound fertilizer history with approx. 12 acres under irrigation. The balance of the land is bush, or partial bush providing ample shelter for livestock. Other improvements include a 3 BR residence and small cottage, ample shedding & workshop, steel cattle yards and hay shed. This property will suit those seeking to establish or expand a cattle operation or horticultural venture, and those simply looking for the ideal lifestyle acreage with privacy and views.